The 77056 zip code market was solid in this week's report, as the number of home sales climbed 10.0%, pushing the total to 33 homes sold over the last 30 days. To put it in perspective, the close-by 77007 zip code registered 107 homes sold in the same period, the most of all surrounding zip codes. Prices are falling in the 77056 zip code, and this period the median price of all sales fell from $550,000 to $525,525. The 77056 zip code is still a strong buyer's market, in spite of the uptick in sales, thanks to the availability of eight months of remaining inventory.
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